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Schlumberger Says Lund Joins as a Director, Not CEO

Posted by June 9, 2016

Helge Lund, the former CEO of energy companies Statoil (STO) and BG, has become a director of oil services firm Schlumberger (SLB), the company said on Thursday.
 
Schlumberger denied a Wall Street Journal report that Lund had been appointed the chief executive of the company.
 
"Paal Kibsgaard remains the chief executive," a spokeswoman for the company told Reuters, adding that Lund had been appointed as a director.
 
(Reporting by Nerijus Adomaitis)

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